Suppose you purchase a $8-$year AAA$-$rated Swiss bond for par that is paying an annual coupon of $8$ percent and has a face value of $2,700$ Swiss francs $($SF$).$ The spot rate is U$.$S$.$ $$0\mathrm{.}66667$ for SF$1.$ At the end of the year, the bond is downgraded to AA and the yield increases to $10$ percent. In ada.

What is the loss or gain to a Swiss investor who holds this bond for a year? $($Input the amount as a positive value. Do not round intermediate calculations. Round your answer to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16))$

Loss

to Swiss investor

$\%$

b$.$

What is the loss or gain to a U$.$S$.$ investor who holds this bond for a year? $($Input the amount as a positive value. Do not round intermediate calculations. Round your answer to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16))$

Gain

to U$.$S$.$ investor

$\%$dition, the SF depreciates to U$.$S$.$ $$0\mathrm{.}74074$ for SF$1.$